George Lau Acquires Multifamily Property From Barnett Capital In Chicago For $1.05M

The transaction involved a multifamily asset located at 3340 South Carpenter Street in the Chicago market. The sale price was recorded at $1,050,000 for a total of 7 units, resulting in a price per unit of $150,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,050,000
• Address: 3340 South Carpenter Street
• Market: Chicago
• Units: 7
• Price Per Unit: $150,000
• Buyer: George Lau
• Seller: Barnett Capital
• Buyer's Representative: Ryan Grober - Sotheby's International Realty
• Buyer's Representative: Marco Cesario - Jameson Commercial
• Seller's Representative: Brian Ruff - Colliers

This deal highlights the collaboration between various representatives in the transaction. Ryan Grober and Marco Cesario acted on behalf of the buyer, George Lau, while Brian Ruff represented the seller, Barnett Capital.